Corrales, NM Real Estate
According to census data in the year 2000 there were 3,061 housing units in Corrales.
This represents a 39.4% growth from 2,196 in 1990.
Of those housing units, 3,061 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Corrales is about 88.5%.
Corrales's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Corrales were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 5.30% |
| Two Bedrooms | 18.40% |
| Three Bedrooms | 52.80% |
| Four Bedrooms | 19% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $267,000 |
| Median Price asked for vacant units | $215,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $550 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 52.40% |
| Debt Free | 27.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
